OPEN-SOURCE SCRIPT
Ranked Tick
The NYSE TICK is, very simply, the number of stocks ticking down or up at any given time. It is, therefore, an internal indication of buying and selling pressure. By itself, it can be difficult to interpret. This “Ranked Tick” makes the TICK an oscillator that varies from 0 to 100. This indicator can be of great help in determining when the market is overbought or oversold.
This oscillator is a percentile ranking of the high + low of the current bar of the TICK compared to the recent values of the same sum over a certain number of bars, which the user can set as an input, the “Rank Length”. This indicator can be of great help in determining when the market is overbought or oversold.
It was conceived by SergioT for TradeStation, and he was gracious enough to share his TradeStation script with all the traders at elliottwavetrader.net. I transcribed it into Pine Script so that everyone at TradingView could also have it.
This oscillator is a percentile ranking of the high + low of the current bar of the TICK compared to the recent values of the same sum over a certain number of bars, which the user can set as an input, the “Rank Length”. This indicator can be of great help in determining when the market is overbought or oversold.
It was conceived by SergioT for TradeStation, and he was gracious enough to share his TradeStation script with all the traders at elliottwavetrader.net. I transcribed it into Pine Script so that everyone at TradingView could also have it.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。